Green Charge and Hawaiian Electric Work to Bring Advanced Grid Services to University of Hawaii

Energy Storage Project Designed to Maximize Customer Value and Cost
Effectiveness

SANTA CLARA, Calif.–(BUSINESS WIRE)–#ENGIEGreen
Charge
, an ENGIE company, today announced a demonstration project
with Hawaiian Electric Company to bring distributed energy storage
services to the University of Hawaii medical campus near downtown
Honolulu.

GridSynergy™ systems have been installed at University of Hawaii Cancer
Center and the John A. Burns School of Medicine. The demonstration
project will test the storage systems’ capability to reduce peak demand
charges for the university and while helping the utility maintain
reliable service for all customers by providing services to control and
regulate the grid.

“This demonstration project is a case study for the use of customer
resources to deliver grid service as a part of our integrated demand
response portfolio,” said Rich Barone, Hawaiian Electric manager of
demand response. “Historically in Hawaii, behind the meter energy
storage has not participated in regulated markets, but this project will
allow Hawaiian Electric to test the grid services contribution in a
cost-effective and scalable way.”

“Energy Storage powered by GridSynergy allows Hawaiian Electric to
become more agile, diversified, and decentralized while lowering costs,”
said Mark Triplett, COO at Green Charge. “The unique capabilities of
GridSynergy allow the utility to view and control a fleet of distributed
energy resources as a ‘virtual power plant’ and leverage those resources
to augment its traditional frequency regulation fleet.”

Green Charge was named the number one energy storage company by Navigant
Research. In addition to commercial projects, the company develops
turnkey grid-scale energy storage. Green Charge energy storage systems
are monitored, optimized, and controlled through its proprietary
software platform. The system includes storage, a customized
indoor/outdoor lithium-ion-based battery storage unit, and software
providing visibility and analytics to enable customers to optimize
energy use and savings.

About Green Charge:

Green Charge has been designing and deploying commercial energy storage
since 2009, with systems installed throughout the United States. As part
of ENGIE, the largest independent power producer in the world, Green
Charge’s mission is to use energy storage to power the world efficiently
and sustainably. Our team consists of top energy storage industry
experts who provide performance-based solutions to optimize the value of
energy for our customers. Our ecosystem of solar, EV charging, and
energy efficiency experts allows our customers to combine energy storage
and renewables easily and economically. Visit http://www.greencharge.net
for more information.

About Hawaiian Electric, Inc.:

Since 1891, Hawaiian Electric Company has powered the islands'
development from a Hawaiian kingdom to a modern American state. Hawaiian
Electric and its subsidiaries, Maui Electric and Hawaii Electric Light,
serve the islands of Oahu, Maui, Lanai, Molokai and Hawaii, home to 95
percent of Hawaii’s people. In a changing world, the Hawaiian Electric
Companies are leading in adding renewable energy and developing energy
solutions for customers to achieve a clean energy future for Hawaii.

Contacts

Green Charge
Anne Smith, 408-313-8089
[email protected]